4//SEC Filing
DANTONI DAVID J 4
Accession 0001127602-20-012401
CIK 0001090061other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 3:18 PM ET
Size
9.8 KB
Accession
0001127602-20-012401
Insider Transaction Report
Form 4
DANTONI DAVID J
Director
Transactions
- Disposition to Issuer
Restricted Share Units
2020-04-01$10.15/sh−100,451$1,019,578→ 0 total→ Common Shares (100,451 underlying) - Disposition to Issuer
Common Shares
2020-04-01$10.15/sh−20,023$203,233→ 0 total - Disposition to Issuer
Phantom Shares
2020-04-01$10.15/sh−116,002.59$1,177,426→ 0 total(indirect: By Plan)→ Common Shares (116,002.59 underlying)
Footnotes (4)
- [F1]On July 3, 2019, OMNOVA Solutions Inc. ("OMNOVA") announced it had entered into an Agreement and Plan of Merger (the "Merger Agreement") with Synthomer plc, Spirit USA Holdings Inc., and Synthomer USA LLC, pursuant to which the Company would merge with and into Spirit USA Holdings Inc., a wholly-owned subsidiary of Synthomer, subject to shareholder and regulatory approvals and other customary conditions (the "Merger"). The Merger became effective on April 1, 2020. Under the terms of the Merger Agreement, each OMNOVA common share, par value $0.10 per share, outstanding immediately prior to the effectiveness of the Merger was converted into the right to receive $10.15 in cash, without interest (the "Merger Consideration").
- [F2]Under the terms of the Merger Agreement, each phantom share issued by OMNOVA was converted into the right to receive the Merger Consideration.
- [F3]The Merger became effective on April 1, 2020.
- [F4]Under the terms of the Merger Agreement, each unvested restricted share unit granted by OMNOVA was converted into the right to receive the Merger Consideration.
Documents
Issuer
OMNOVA SOLUTIONS INC
CIK 0001090061
Entity typeother
Related Parties
1- filerCIK 0001023572
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 3:18 PM ET
- Size
- 9.8 KB